Monroe, CT 06468,755 Main Street #3

$405,000

$449,000

9.8%
Est.Price: ?

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Est. payment /mo

5,541 SqFt


SOLD DATE : 03/09/2021

Key Details

Sold Price $405,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 5,541 sqft

Price per Sqft $73

MLS Listing ID 170278095

Sold Date 03/09/21

Year Built 1988

Annual Tax Amount $12,585

Property Description

This 5,541 SF Professional Office Condo at Bradford Green is perfect an investor looking for a GREAT investment opportunity! Already 50% leased by a professional Therapy Group. The entire 2nd floor is available for lease. Additional income potential of $60,000 annually on 2nd Floor plus First Floor annual income is $36,000 for a total of $96,000 annual income. Current tenant pays heat, electric and water for the building. If sold or leased, 1st floor tenant to pay 1/2 of utilities. Bradford Green is a condominium complex that consists of 8 office buildings that features uses/services including: Law Firms, Therapists, Chiropractors, Engineers, Accountants, Consultants, Financial Professionals, etc. Zoning is B1, which allows for OFFICE AND RETAIL! This building features a central rear location, with a 600 sf covered front walkway and the only building that features an outdoor brick patio in the rear side of the building. The separation of space in the building can accommodate 1-4 tenants where each has their own entrance. Square footage for each can be adjusted based on needs. The vinyl sided building features Central Air, Gas Heat, City Water and Septic. The association takes care of the septic, grounds landscaping, lighting and parking, and insurance. Town valuation has this property valued at $525,400! WHY RENT WHEN YOU CAN OWN! A large dry basement is perfect for storage only. Located on Main Street/Rte 25, short drive to Rte 59, I-84 and minutes to the Merritt and Rte 8.

Location

State CT

County Fairfield

Zoning B1

Interior

Interior Features Employee Lounge, Security System, Window Display

Heating Hot Water, Zoned, No Heat

Cooling Central Air

Flooring Tile, Wall-to-Wall Carpet

Exterior

Exterior Feature Door Sign, Gutters, Lighting, Roof Sign, Sidewalk, Underground Utilities

Garage Paved, Unassigned Parking, Parking Lot

Utilities Available Electric, Gas, Telephone, Cable

Roof Type Asphalt Shingle

Building

Lot Description Dry, Corner Lot, Level Lot

Story 2

Foundation Block

Sewer Septic

Water Public Water Connected

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Listed by Jeanette Politano • Coldwell Banker Realty
Bought with Jeanette Politano • Coldwell Banker Realty

GET MORE INFORMATION

Osi Rosenberg

Broker | REB.0791464

+1(203) 738-5999

2051 Main St, Stratford, CT, 06615

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